Matthew Baker Turner Sells 15,057 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) insider Matthew Baker Turner sold 15,057 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $4.16, for a total transaction of $62,637.12. Following the sale, the insider directly owned 454,943 shares of the company’s stock, valued at $1,892,562.88. This represents a 3.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Up 3.8%

Shares of PAYS stock traded up $0.49 on Friday, reaching $13.45. 934,286 shares of the stock were exchanged, compared to its average volume of 698,242. The stock has a market cap of $759.39 million, a P/E ratio of 51.73 and a beta of 0.80. The firm has a 50 day moving average of $10.57 and a two-hundred day moving average of $7.34. Paysign, Inc. has a 1-year low of $3.08 and a 1-year high of $14.43.

Paysign (NASDAQ:PAYS) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The company had revenue of $28.25 million for the quarter, compared to the consensus estimate of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, equities research analysts predict that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PAYS shares. Lake Street Capital reiterated a “buy” rating and set a $13.00 price objective on shares of Paysign in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Barrington Research set a $15.00 price target on shares of Paysign in a research report on Tuesday, August 11th. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Finally, DA Davidson raised their price objective on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Paysign presently has a consensus rating of “Buy” and a consensus target price of $13.33.

Institutional Trading of Paysign

Several large investors have recently bought and sold shares of PAYS. Topline Capital Management LLC lifted its position in shares of Paysign by 1.6% during the second quarter. Topline Capital Management LLC now owns 5,421,737 shares of the company’s stock worth $39,037,000 after purchasing an additional 85,591 shares in the last quarter. BlackRock Inc. purchased a new stake in Paysign during the 2nd quarter worth $25,219,000. Punch & Associates Investment Management Inc. acquired a new position in Paysign in the 2nd quarter worth $16,983,000. Vanguard Group Inc. boosted its position in Paysign by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock valued at $11,450,000 after buying an additional 29,150 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in Paysign by 17.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after buying an additional 227,300 shares during the last quarter. Institutional investors and hedge funds own 25.89% of the company’s stock.

Paysign Company Profile

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.